Jan 30, 2018 04:11 PM

U.S. Sentiment Rebounds on China Pledge to Keep Opening Markets: AmCham Survey

Sentiment among U.S. businesses in China rebounded last year as worries eased over potential for rising tensions under President Donald Trump, though concerns remained about rising labor costs and the regulatory environment, according to an annual survey by a major American business association.

At the same time, unspecified Chinese officials have told the American Chamber of Commerce in the People’s Republic of China that Beijing would retaliate if the U.S. takes punitive actions against China for unfair trade, AmCham Chairman William Zarit said.

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